Tax Relief Debate Set to Heat Up in 2024 Campaign

House Republicans proposed a series of tax cuts, including deep cuts for companies and the affluent, leading to charges of hypocrisy by Democrats. Republicans believe tax cuts for businesses and the affluent are the primary driver for sustaining economic growth, while Democrats seek more targeted tax cuts to achieve social goals such as reducing child poverty and shifting to renewable energy. The dispute sets the stage for the 2024 elections and the immediate economic challenges that the winners will face.